Taxes less subsidies on products (current LCU), annual growth rate in Jamaica
Jamaica: Taxes less subsidies on products (current LCU), annual growth rate was 1.76 % change on previous year in 2025. ◆ Volatile
Latest (2025)
1.76 % change on previous year
Change on year
down 58.2%
World rank
167th
of 197 countries
All-time high
95.92 % change on previous year
in 1992
All-time low
-18.06 % change on previous year
in 2020
Years of data
65
1961–2025
Taxes less subsidies on products (current LCU), annual growth rate in Jamaica, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Jamaica recorded 1.76 % change on previous year for taxes less subsidies on products (current lcu), annual growth rate in 2025.
That represents a change of down 58.2% on the previous year and down 86.0% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), annual growth rate in Jamaica peaked at 95.92 % change on previous year in 1992 and was at its lowest, -18.06 % change on previous year, in 2020.
Jamaica ranks 167th of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current LCU), annual growth rate in Jamaica, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 8.4 % change on previous year | — |
| 1962 | 2.11 % change on previous year | -74.8% |
| 1963 | 4.37 % change on previous year | +106.7% |
| 1964 | 25.77 % change on previous year | +490.0% |
| 1965 | 6.65 % change on previous year | -74.2% |
| 1966 | 9.69 % change on previous year | +45.6% |
| 1967 | 31.14 % change on previous year | +221.4% |
| 1968 | -4.79 % change on previous year | -115.4% |
| 1969 | 4.8 % change on previous year | -200.0% |
| 1970 | 11.9 % change on previous year | +148.1% |
| 1971 | 16.26 % change on previous year | +36.6% |
| 1972 | 10.29 % change on previous year | -36.7% |
| 1973 | 16.67 % change on previous year | +62.0% |
| 1974 | 22.76 % change on previous year | +36.6% |
| 1975 | 32.91 % change on previous year | +44.6% |
| 1976 | -0.8379 % change on previous year | -102.5% |
| 1977 | -8.87 % change on previous year | +958.9% |
| 1978 | 26.05 % change on previous year | -393.7% |
| 1979 | 31.7 % change on previous year | +21.7% |
| 1980 | 30.89 % change on previous year | -2.6% |
| 1981 | 32.71 % change on previous year | +5.9% |
| 1982 | 17.72 % change on previous year | -45.8% |
| 1983 | 8.51 % change on previous year | -52.0% |
| 1984 | 40.24 % change on previous year | +372.9% |
| 1985 | 39.64 % change on previous year | -1.5% |
| 1986 | 31.22 % change on previous year | -21.3% |
| 1987 | 23.9 % change on previous year | -23.4% |
| 1988 | 9.71 % change on previous year | -59.4% |
| 1989 | 18.11 % change on previous year | +86.4% |
| 1990 | 18.35 % change on previous year | +1.4% |
| 1991 | 32.51 % change on previous year | +77.2% |
| 1992 | 95.92 % change on previous year | +195.1% |
| 1993 | 45.67 % change on previous year | -52.4% |
| 1994 | 25.38 % change on previous year | -44.4% |
| 1995 | 40.66 % change on previous year | +60.2% |
| 1996 | 13.14 % change on previous year | -67.7% |
| 1997 | 3.32 % change on previous year | -74.7% |
| 1998 | 17.16 % change on previous year | +416.1% |
| 1999 | 11.76 % change on previous year | -31.5% |
| 2000 | 11.39 % change on previous year | -3.2% |
| 2001 | 11.18 % change on previous year | -1.8% |
| 2002 | 9.13 % change on previous year | -18.4% |
| 2003 | 25.15 % change on previous year | +175.5% |
| 2004 | 18.54 % change on previous year | -26.3% |
| 2005 | 11.57 % change on previous year | -37.6% |
| 2006 | 14.81 % change on previous year | +28.0% |
| 2007 | 16.41 % change on previous year | +10.8% |
| 2008 | 10.51 % change on previous year | -35.9% |
| 2009 | 4.36 % change on previous year | -58.5% |
| 2010 | 19.13 % change on previous year | +339.1% |
| 2011 | 6.24 % change on previous year | -67.4% |
| 2012 | 9.8 % change on previous year | +57.2% |
| 2013 | 14.58 % change on previous year | +48.7% |
| 2014 | 8.64 % change on previous year | -40.8% |
| 2015 | 12.54 % change on previous year | +45.2% |
| 2016 | 11.32 % change on previous year | -9.7% |
| 2017 | 17.07 % change on previous year | +50.7% |
| 2018 | 7.13 % change on previous year | -58.2% |
| 2019 | 6.69 % change on previous year | -6.1% |
| 2020 | -18.06 % change on previous year | -369.9% |
| 2021 | 19.13 % change on previous year | -205.9% |
| 2022 | 25.55 % change on previous year | +33.6% |
| 2023 | 6.25 % change on previous year | -75.5% |
| 2024 | 4.2 % change on previous year | -32.7% |
| 2025 | 1.76 % change on previous year | -58.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.79 % change on previous year | -4.79 % change on previous year | 31.14 % change on previous year | 9 |
| 1970s | 15.88 % change on previous year | -8.87 % change on previous year | 32.91 % change on previous year | 10 |
| 1980s | 25.26 % change on previous year | 8.51 % change on previous year | 40.24 % change on previous year | 10 |
| 1990s | 30.39 % change on previous year | 3.32 % change on previous year | 95.92 % change on previous year | 10 |
| 2000s | 13.3 % change on previous year | 4.36 % change on previous year | 25.15 % change on previous year | 10 |
| 2010s | 11.31 % change on previous year | 6.24 % change on previous year | 19.13 % change on previous year | 10 |
| 2020s | 6.47 % change on previous year | -18.06 % change on previous year | 25.55 % change on previous year | 6 |
Countries ranked near Jamaica
- 164 New Caledonia 2.13 % change on previous year compare
- 165 Korea 1.82 % change on previous year compare
- 166 Papua New Guinea 1.78 % change on previous year compare
- 168 Cyprus 1.74 % change on previous year compare
- 169 Cayman Islands 1.4 % change on previous year compare
- 170 Fiji 0.8544 % change on previous year compare
More economy & growth data for Jamaica
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.76 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.6 Percent per annum (2029)
- Agriculture, forestry, and fishing, value added (current LCU), annual 15.08 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 13.91 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 111,319 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 2.93 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0497 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 397.73 constant 2015 US$ per person (2025)
- Agriculture, forestry, and fishing, value added (constant LCU) 2.93 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant LCU), per 5.81 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), annual growth rate in Jamaica?
- Taxes less subsidies on products (current lcu), annual growth rate in Jamaica was 1.76 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), annual growth rate recorded in Jamaica?
- The highest recorded value was 95.92 % change on previous year in 1992.
- What is the lowest taxes less subsidies on products (current lcu), annual growth rate recorded in Jamaica?
- The lowest recorded value was -18.06 % change on previous year in 2020.
- How does Jamaica rank for taxes less subsidies on products (current lcu), annual growth rate?
- Jamaica ranks 167th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current lcu), annual growth rate rising or falling in Jamaica?
- Over the last ten years it is down 86.0%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.